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20121201
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Search Results 0 to 10 of about 11 (some duplicates have been removed)
of casualties. the reason can be found in music. ♪ >> reporter: the song comes from indonesia. it means tsunami in the local dialect. each song has been passed down for generations ever since a major tsunami killed thousands when it struck the island over a century ago. ♪ >> reporter: children have been brought up on this lullaby and adults continue to sing it while tending to their fields. the song teaches people how to protect themselves from a tsunami and has been popular still in the island. what should you do if an earthquake strikes? >> translator: run for the hill tops as fast as you can. >> reporter: after the 2004 indian ocean earthquake, many people, remembering the song, did just that, headed for the hills. although over 160,000 people were either killed or remain missing in the pro-vince only, only seven people died on this island, which has a population of just 80,000. this is a researcher at the university who is visiting the islands to study the song. >> translator: this song saved everyone's life. through studying the song, i believe we can integrate this local knowledge into
are the philippines, malaysia, indonesia, thailand, and vietnam. the bank official said third-quarter expansion in the philippines was high at 7.1%. they said rising consumption and public investment in malaysia is contributing to the region's growth. the story was different for japan. they lowered their 2012 growth estimate by 0.6 percentage points. they cited a drop in exports stemming from a territorial dispute with china. the bank officials say southeast asian economies are supported by solid domestic demand. they added the countries are relatively unaffected by the debt woes in europe. >>> as if to back up the ad bcs's projection, japan's economy remained out of steam in october. the latest key economic indicator fell for the seventh straight month. the cabinet office says the coincidence index of the economy ticked down 0.9 points from september to 90.6. the index tracks the current state of the economy and reflects activities like industrial output and employment. government officials trace the decline to the global economic slowdown. they said shipments of tvs and some other products su
by small ma'ams. he honed his skills in indonesia but the spread of the sars virus forced him to rethink. >> what's an animal that will be large enough for production, safe enough for me to get close to, that's accessible and that has a single stomach so the beans aren't going to get destroyed. that's when i thought an elephant made sense. >> reporter: elephants are herbivores. they're able to ferment the coffee better, giving it a fruity taste. 8% of sales go towards caring for the ephants. the mahuts welcome the extra income. >> translator: making the coffee is easier than roaming the streets, performing for money. the elephants just have to do what comes naturally to make money now. >> there's always going to be an element of some humor to it but if i wanted this to be a joke, i would have released the coffee nine years ago when i was just starting out. i want this coffee, one it's got to taste good. when people are spending that kind of money it's got to be a good cup. i also want there to be a social cause attached to it. >> reporter: adventurous coffee lovers find the ultimate tast
to be on a roll. i am also impressed with brazil, indonesia and turkey. the rest of the world really doing extraordinarily well. connell: we like when you go global on us, charles. what do you use, google maps or apple? charles: stuart varney is probably better than me when it comes to these smart phones. connell: i do remember when you got away from the flip phone. charles: that is only because i left it in the green room. i heard someone from the smithsonian came up. dagen: charles, thank you so much. connell: let's go to this google graphic story. it is a very popular app. let's put it that way. we will talk about that coming up. more from washington, the house speaker ready to put through his own legislation. >> our hope continues to be to reach an agreement with the president what we have offered meets the definition of balance. the president is not there yet. ♪ ♪ ♪ [ male announcer ] they are a glowing example of what it means to be the best. and at this special time of year, they shineven brighter. come to the winter event and get the mercedes-benz you've always wished for, no
extent. asia, indonesia, africa. they have a very strong balance sheet. so they're in the position to really gain market share even in the context of a slightly slowing macro picture. but interestingly since the third quarter ims, we heard today from standard chartered again and they were quite upbeat particularly for the likes of singapore and i sandia and so forth. so outlook for revenue is actually quite positive and it's on quite a low multiple and could easily rerate towards 12. >> so you reckon own it. >> i think so. even if the the growth prospects were quite limited, i think the balance sheet strength alone justifies expansion. i think it's quite attractive certainly to the rest of the sector. >> citi shedding 11,000 job, around 4% of its workforce. some say it's part of a strategy by the new ceo. citi shares were up on that. so what do you make of ubs getting out of fixed income, citi shedding a huge chuck of jobs. >> i would actually go much further than that. we've had an a revolution. pure to pure growing at 50% per annum. i think it's time to redesign the way they do b
recession in 15 years. here is a quick look at what is on the agenda for tomorrow. indonesia hosed its rate setting meeting. the central bank says it's trying to shore up the weak currently. in malaysia, we'll get october factory output numbers. in geneva, ross westgate will be with us next. ross, what have you got for us? >> would he have been talking to a lot of companies that build up to these trade links, about how they're getting shielded from the global sectors and more opening up of trade. we'll hear from the ceo when we come back from "worldwide exchange." , >>> it's a trade link today. the numbers, the trade disputes this year has gone up. but some global reaches help some companies against the impact. parading at a local level in some companies has given them some form of protection. >> we make fragrances and flavors which go into a really wide variety of products. you know, from the soap, the basic soap that you would see in emerging markets such as china or even africa nowadays to snacks, to instant noodles in asia. but it also goes all the way to luxury fragrances. so that make
, indonesia. we're not seeing a great benefit into europe as we did before. for instance, germany is looking pretty pessimistic. based on its lack of export performance to places like china. >> yeah. when the bundes bank came out and shortly downgraded forecasts, how is the employment picture? if you've got a relatively healthy china and the u.s. consumer bounce back, wouldn't that help germany? >> it certainly would. germany is relatively flat in terms of the employment outlook. so it's not a disaster. but germany trades an awful lot with europe as well as china. so it needs china to pick up in terms of its heavy engineering export performance, creating jobs in the manufacturing sector. but germany and the uk need europe to improve. >> it comes at an inkrd eblly high cost in terms of the number of people out of work. what has been done? how much have we destroyed so that the jobs outlook and growth prospect in this country? >> well, what growth prospect in the southern european countries? we're seeing definitive bifurcation of northern europe and southern europe. southern europe, we are cre
in indonesia, myanmar and is looking in thailand and india for new partners. asia, especially southeast asia is an emerging hot market for other japanese lenders, too. mizuho will set up firms which set up shop in laos given its labor costs and low political risks compared to china. >>> now let's get you the latest results of spain's auction debt. the country is seeing lower yields than the last time it went to market and higher demand. 2015's bid to ratio, 4.8 versus 2 the last one, 3.1 versus 2.6 for the 2017 and the 2040 saw a 2.1 bid to cover. of course, when it comes to the yield, i would give you a sense of what we're seeing on these. 2015 maximum yield coming in just under 3.43%. that's roughly where we stood on the last go around on december 5th. for the 2017, we saw 4.24 versus 4.5, so an improvement. for the 2045 .9 the%. backing up quite a bit relative to the 4.8%. although the last time we saw an auction there was in march 2009. to walk us all through this, let's get back to sylvia peruzzo from nomura. what's your reaction? >> i think we need to take stock of the fact that the co
:12:12. >> we're still here. >> make a wish and celebrate. >> indonesia got married here. we have pictures from singapore. lots of weddings. i get married on 2-2-02 and that wasn't very lucky. here's a guy in france trying to synchronize his watch. he missed it by 25 seconds because he had 38 seconds at the bottom. even here a mass in lithuania here a couple hours ago. it's national sound check today. it's check one, two, one, two. >> i get it. so this is considered to be a lucky day for a lot of people. how long before another one of these? >> you have to wait for january 1, 3001. >> okay. it's going to be a while. i won't be here for that one. >> we have to count on other folks to bring that in. all right. thanks, chad. we're going to take a quick break. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, char
Search Results 0 to 10 of about 11 (some duplicates have been removed)

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